[Form 4] RINGCENTRAL, INC. Insider Trading Activity

Rhea-AI Filing Summary

RingCentral insider transaction: Kira Makagon, President and COO of RingCentral, reported a disposition of 12,846 Class A common shares on 08/20/2025 at a price of $29.41 per share. The filing states this was an exempt disposition to the issuer under Rule 16b-3(e) where shares were remitted to the issuer to satisfy tax withholding obligations arising from the vesting of restricted stock units. After the reported transaction, the reporting person is shown as beneficially owning 402,728 shares in a direct ownership form. The form is signed by Ashley Ta as attorney-in-fact on 08/22/2025.

Positive

• Transaction tied to RSU tax withholding, indicating a standard administrative disposition rather than an open-market sale
• Reporting person retains 402,728 shares in direct beneficial ownership after the transaction
• Filing executed by attorney-in-fact, showing formal compliance with reporting requirements

Negative

• Reduction of holdings by 12,846 Class A shares as reported on 08/20/2025
• Disposition occurred at $29.41 per share, which realized value from vested RSUs

Insights

Securities Analyst

TL;DR: Routine RSU withholding sale by an executive; not a directional trade signal by itself.

The filing documents a tax-withholding related disposition of 12,846 Class A shares at $29.41 tied to RSU vesting. Such transactions commonly occur when issuers accept shares to satisfy payroll tax obligations and do not necessarily reflect active selling intent. The reporting person retains a sizable direct stake of 402,728 shares, which suggests continued equity alignment with shareholders. No additional transactions or derivative positions are disclosed in this Form 4.

Corporate Governance Expert

TL;DR: Administrative disposition for tax withholding; governance implications are routine and limited.

The disclosure cites an exempt disposition under Rule 16b-3(e) to cover tax withholding on vested restricted stock units. This is a standard mechanism that reduces administrative complexity for the executive and company. The filing is properly executed by an attorney-in-fact, indicating procedural compliance. There are no indications of departures, new grants, or other governance events in this submission.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Makagon Kira

(Last) (First) (Middle)

C/O RINGCENTRAL, INC.

20 DAVIS DRIVE

(Street)

BELMONT CA 94002

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RingCentral, Inc. [ RNG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and COO

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/20/2025		F(1)		12,846	D	$29.41	402,728	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. In an exempt disposition to the issuer under Rule 16b-3(e), the Reporting Person remitted shares to the issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of restricted stock units.

	/s/ Ashley Ta, Attorney-in-fact	08/22/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who filed the Form 4 for RingCentral (RNG)?

The Form 4 was filed on behalf of Kira Makagon, President and COO of RingCentral, with signature by Ashley Ta, attorney-in-fact.

What transaction is reported on the RingCentral (RNG) Form 4?

A disposition of 12,846 Class A common shares on 08/20/2025 at a price of $29.41 per share.

Why were the shares disposed according to the filing?

The filing states the shares were remitted to the issuer in an exempt disposition under Rule 16b-3(e) to satisfy tax withholding obligations from the vesting of restricted stock units.

How many RingCentral shares does the reporting person own after the transaction?

The reporting person is shown as beneficially owning 402,728 shares in direct ownership following the reported transaction.

When was the Form 4 signed?

The Form 4 bears a signature by Ashley Ta, Attorney-in-fact dated 08/22/2025.